You would think that after having overcome trillion-to-one odds, the idea of running through the money would seem silly to most lottery winners. But 90 percent of people do just that within five years of winning the jackpot.
"Financial Reform" will be a boom for people in the payday loan business. There will be many new customers who need bank-like services. It's almost like Congress implemented a plan of "Reverse Robin Hood."
Lay The Favorite is Beth Raymer's debut book that revolves around her life as an assistant to a professional gambler in Las Vegas. I recommend it. And I hope the author can someday get past her lack of ethics and conscience.
Each year, I write a column on Derby Day, and if you have followed my advice, you have lost a lot of money. The large fields at the Kentucky Derby throw logic out the window. Still, the betting system I tour is a good one.
My solution to gambling addiction would be same one that seems to be helping keep track of sexual predators: A national registry. If widely shared, such a list could prevent addicts from any legalized gambling.